Timely stopped producing superhero comics with the cancellation of Captain America Comics at issue #75 (Feb. 1950) — by which time the series had already been Captain America's Weird Tales for two issues, with the finale featuring merely anthological suspense stories and no superheroes. The company's flagship title, Marvel Mystery Comics, starring the Human Torch, had already ended its run (with #92, June 1949), as had Sub-Mariner Comics (with #32, the same month). The company did make one more attempt at superheroes with the publication of Marvel Boy #1-2 (Dec. 1950 - Feb. 1951), which was retitled Astonishing with issue #3 (April 1951) and continued the feature through #6 (Oct. 1951).[4][5]

Goodman began using the globe logo of the Atlas News Company, the newsstand-distribution company he owned, on comics cover-dated November 1951 even though another company, Kable News, continued to distribute his comics through the August 1952 issues, with its "K" logo and the logo of the independent distributors' union appearing alongside the Atlas globe.[6] This united a line put out by the same publisher, staff and freelancers through 59 shell companies, from Animirth Comics to Zenith Publications.[7]

Logo treatment on a 1954 comic book page, giving "Atlas" as the comics brand.

Atlas would attempt to revive superheroes in Young Men #24-28 (Dec. 1953 - June 1954), with the Human Torch (art by Syd Shores and Dick Ayers, variously), the Sub-Mariner (drawn and most stories written by Bill Everett), and Captain America (writer Stan Lee, artist John Romita Sr.). The short-lived revival also included restarts of Sub-Mariner Comics (issues #33-42, April 1954 - Oct. 1955)[8] and Captain America (#76-78, May-Sept. 1954).[9] All three superheroes appeared as well in the final two issues of Men's Adventures (#27-28, May–July 1954).[10]

Goodman's publishing strategy for Atlas involved what he saw as the proven route of following popular trends in TV and movies — Westerns and war dramas prevailing for a time, drive-inmovie monsters another time — and even other comic books, particularly the EChorror line.[11][12] As Marvel/Atlas editor-in-chief Stan Lee told historian Les Daniels, Goodman "would notice what was selling, and we'd put out a lot of books of that type." Commented Daniels, "The short-term results were lucrative; but while other publishers took the long view and kept their stables of heroes solid, Goodman let his slide."[13] While Atlas had some horror titles, such as Marvel Tales, as far back as 1949, the company increased its output dramatically in the wake of EC's success. Lee recalled, "[I]t was usually based on how the competition was doing. When we found that EC's horror books were doing well, for instance, we published a lot of horror books."[12] Until the early 1960s, when Lee would help revolutionize comic books with the advent of the Fantastic Four and Spider-Man, Atlas was content to flood newsstands with profitable, cheaply produced product — often, despite itself, beautifully rendered by talented if low-paid artists.[14]

The artists — some freelance, some on staff — included such veterans as Human Torch creator Carl Burgos and Sub-Mariner creator Bill Everett. The next generation included the prolific and much-admired Joe Maneely, who before his death just prior to Marvel's 1960s breakthrough was the company's leading artist,[citation needed] providing many covers and doing work in all genres, most notably on Westerns and on the medieval adventure The Black Knight. Others included Russ Heath, Gene Colan, and the fledgling, highly individualistic Steve Ditko.

The high-school series Patsy Walker, also created or co-created by Atkinson in 1945, ran until 1967 and spun off three titles. More naturalistic than the slapstickyMillie, it featured attractive but sedate art by Al Hartley, Al Jaffee, Morris Weiss and others. Given the tone and the target audience, Patsy Walker oddly included the legendary Harvey Kurtzman's bizarre "Hey Look!" one-pagers in several early issues. Patsy herself would be integrated into Marvel Universe continuity years later as the supernatural superheroine Hellcat.

No hellcats graced Atlas' funny animal books, but they did have cartoonistEd Winiarski's trouble-prone Buck Duck, Maneely's mentally suspect Dippy Duck, and Howie Post's The Monkey and the Bear. Buck and others saw life again briefly in the early 1970s, when Marvel published the five-issue reprint title Li'l Pals ("Fun-Filled Animal Antics!").

Staff artist Stan Goldberg recalled in 2005, "I was in the Bullpen with a lot of well-known artists who worked up there at that time. ... The guys ... who actually worked nine-to-five and put in a regular day, and not the freelance guys who'd come in a drop off their work ... were almost a hall of fame group of people. There was John Severin. Bill Everett. Carl Burgos. There was the all-time great Joe Maneely.... We all worked together, all the colorists and correction guys, the letterers and artists. ... We had a great time".[17]

From 1952 to late 1956, Goodman distributed this torrent of comics to newsstands through his self-owned distributor, the Atlas News Company. He shut this down in 1956, and began newsstand distribution through American News Company, the nation's largest distributor and a virtual monopoly — which shortly afterward lost a Justice Departmentlawsuit and discontinued its business. As historian and author Gerard Jones explains, the company in 1956

...had been found guilty of restraint of trade and ordered to divest itself of the newsstands it owned. Its biggest client, George Delacorte, announced he would seek a new distributor for his Dell Comics and paperbacks. The owners of American News estimated the effect that would have on their income. Then they looked at the value of the New Jersey real estate where their headquarters sat. They liquidated the company and sold the land. The company ... vanished without a trace in the suburban growth of the 1950s.[18]

The Atlas globe remained on the covers, however, until American News went out of business. With no other options, Goodman turned to the distributor Independent News, owned by rival DC Comics, which agreed to distribute him on constrained terms that allowed only eight titles per month.[citation needed] The last comic to bear the Atlas globe on the cover was the funny-animal comic Dippy Duck #1, and the first to bear the new "Ind." distributors' mark was Patsy Walker #73, both cover-dated October 1957.

Stan Lee, in a 1988 interview, recalled that Goodman:

...had gone with the American News Company. I remember saying to him, 'Gee, why did you do that? I thought that we had a good distribution company.' His answer was like, 'Oh, Stan, you wouldn't understand. It has to do with finance.' I didn't really give a damn, and I went back to doing the comics. [Later,] we were left without a distributor and we couldn't go back to distributing our own books because the fact that Martin quit doing it and went with American News had gotten the wholesalers very angry ... and it would have been impossible for Martin to just say, 'Okay, we'll go back to where we were and distribute our books.' [We had been] turning out 40, 50, 60 books a month, maybe more, and [now] the only company we could get to distribute our books was our closest rival, National [DC] Comics. Suddenly we went ... to either eight or 12 books a month, which was all Independent News Distributors would accept from us.[19]

During this retrenchment, according to a fabled industry story, Goodman discovered a closet-full of unused, but paid-for, art, leading him to have virtually the entire staff fired while he used up the inventory. In the interview noted above, Lee, one of the few able to give a firsthand account, told a seemingly self-contradictory version of the downsizing:

It would never have happened just because he opened a closet door. But I think that I may have been in a little trouble when that happened. We had bought a lot of strips that I didn't think were really all that good, but I paid the artists and writers for them anyway, and I kinda hid them in the closet! And Martin found them and I think he wasn't too happy. If I wasn't satisfied with the work, I wasn't supposed to have paid, but I was never sure it was really the artist's or the writer's fault. But when the job was finished I didn't think that it was anything that I wanted to use. I felt that we could use it in inventory — put it out in other books. Martin, probably rightly so, was a little annoyed because it was his money I was spending.[19]

In a 2003 interview, Joe Sinnott, one of the company's top artists for more than 50 years, recalled Lee citing the inventory issue as a primary cause. "Stan called me and said, 'Joe, Martin Goodman told me to suspend operations because I have all this artwork in house and have to use it up before I can hire you again.' It turned out to be six months, in my case. He may have called back some of the other artists later, but that's what happened with me.[20]

Goodman's men's magazines and paperback books were still successful — the comics, except in the early Golden Age, were a relatively small part of the business — and Goodman considered shutting the division down. The details of his decision not to do so are murky. Artist Jack Kirby — who after his amicable split with creative partner Joe Simon a few years earlier and after losing a lawsuit to a DC Comics editor was having difficulty finding sufficient work — recalled that in late 1958,

I came in [to the Marvel offices] and they were moving out the furniture, they were taking desks out — and I needed the work! ... Stan Lee is sitting on a chair crying. He didn't know what to do, he's sitting on a chair crying — he was still just out of his adolescence [Note: Lee, born Dec. 28, 1922, would actually have been about 36.] I told him to stop crying. I says, 'Go in to Martin and tell him to stop moving the furniture out, and I'll see that the books make money'.[21]

The interviewer, The Comics Journal publisher Gary Groth, later wrote of this interview in general, "Some of Kirby's more extreme statements ... should be taken with a grain of salt...."[22] Lee, specifically asked about the office-closing anecdote, said,

I never remember being there when people were moving out the furniture. If they ever moved the furniture, they did it during the weekend when everybody was home. Jack tended toward hyperbole, just like the time he was quoted as saying that he came in and I was crying and I said, 'Please save the company!' I'm not a crier and I would never have said that. I was very happy that Jack was there and I loved working with him, but I never cried to him. (laughs)[19]

Kirby had previously returned, in late 1956, to freelance on five issues cover-dated December 1956 and February 1957,[23] but did not stay. Now, beginning with the cover and the seven-page story "I Discovered the Secret of the Flying Saucers" for Strange Worlds #1 (Dec. 1958), Kirby returned for a 12-year run that would soon help revolutionize comics. While "it was sheer necessity" that led Kirby back to publisher Goodman, whom he had left acrimoniously in 1941, Kirby nonetheless helped elevate simple science-fiction and giant-monster stories with "a vital jab in the ribs by [his] outlandish artistry.[24] Soon his dynamic work began gracing countless covers and lead stories in the extant Strange Tales and the newly launched Amazing Adventures, Strange Worlds, Tales of Suspense, Tales to Astonish and World of Fantasy. "Offsetting the formulaic nature of the stories was a dash of invigorating absurdity," wrote one historian. "The tales had Kirby's energy and, courtesy of Lee, confessional, first-person titles typical of sensation-mongering tabloids and comics, such as, 'I Created Sporr, the ThingThat Could Not Die!'"[25]

A Kirby science-fiction/monster story, usually inked by Christopher Rule initially, then by Dick Ayers following Rule's retirement, would generally open each book. This was followed by one or two twist-ending thrillers or sci-fi tales drawn by Don Heck, Paul Reinman, or Joe Sinnott, all capped by an often-surreal, sometimes self-reflexive Lee-Ditko short. Lee in 2009 described these "short, five-page filler strips that Steve and I did together", originally "placed in any of our comics that had a few extra pages to fill", as "odd fantasy tales that I'd dream up with O. Henry-type endings." Giving an early example of what would later be known as the "Marvel Method" of writer-artist collaboration, Lee said, "All I had to do was give Steve a one-line description of the plot and he'd be off and running. He'd take those skeleton outlines I had given him and turn them into classic little works of art that ended up being far cooler than I had any right to expect."[26]

Don Heck, who worked as at Atlas staff artist from 1954 until the company's retrenchment in 1957 before returning the following year, recalled that the 1958 page rate "was around $20 per page to pencil and ink, I think [rival comic book publisher] DC's average was $38. It didn't pick up until 1964-65, and even then it didn't go up all that much — a couple of bucks a page."[27]

Although for several months in 1949 and 1950 Timely's titles bore a circular logo labeled "Marvel Comic", the first modern comic books so labeled were the science-fiction anthology Journey into Mystery #69 and the teen-humor title Patsy Walker #95 (both June 1961), which each showed an "MC" box on its cover.[28] However, collectors routinely refer to the companies' comics from the April 1959 cover-dates onward (when they began featuring Jack Kirby artwork on his return to Goodman's company), as pre-superhero Marvel.[29] Goodman would reuse the name Atlas for the next comics company he founded in the 1970s.

Information from Atlas Tales and other references.[30] Some titles may be arguably Timely at the earlier end, or Marvel at the later end. Note: In titles numbered from or into the various All Winners Comics, additional clarifying information is supplied.

Amazing Mysteries #32-35 (May 1949 - Jan. 1950; continued from n.a.; one source lists Timely Comics' Sub-Mariner Comics, which had an issue #32, and which numbering reportedly continued with Best Romance).